Roderick Nelson - 16 Jun 2022 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Role
Director
Signature
/s/ Jason T. Gray, by Power of Attorney
Issuer symbol
QRVO
Transactions as of
16 Jun 2022
Net transactions value
-$388,688
Form type
4
Filing time
21 Jun 2022, 16:17:50 UTC
Previous filing
18 May 2022
Next filing
11 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Options Exercise $64,845 +4,761 +85% $13.62* 10,356 16 Jun 2022 Direct F1
transaction QRVO Common Stock Sale $453,533 -4,761 -46% $95.26 5,595 16 Jun 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QRVO Stock Option (Right to Buy) Options Exercise $0 -4,761 -100% $0.000000* 0 16 Jun 2022 Common Stock 4,761 $13.62 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan, which was previously entered into by the reporting person.
F2 The option vested as follows: 28% of the shares subject to the option vested on the date shown, which is one year after the date of grant, and an additional 2% of the shares subject to the option vested each month thereafter so that the option became fully vested four years following the grant date.